Morning everyone. The Reserve Bank governor’s ominous warning that the cash rate will keep rising as long as inflation continues its own upward trajectory is the sobering backdrop this morning to research showing that hundreds of thousands of people are missing out on energy bill concessions worth up to $372 a year. Even so, we’ve got analysis showing that the real damage to household finances will be done by rising mortgage costs, not power prices. But it’s not all gloom – some Australian staff at multinational Unilever are joining a trial of a four-day work week. With no pay cut.
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